Stock market today: Asian markets forge higher after Fed's first rate cut in over 4 years

Credit: SeattlePI.com- Published 19 hours ago
Asian markets have forged higher after the Federal Reserve kicked off its efforts to prevent a recession in the U.S. with a bigger-than-usual cut to interest rates. Japan's Nikkei 225 index jumped 2.5% and the Japanese yen weakened against the dollar. On Wednesday, the S&P 500 slipped 0.3% but it remains within 1% of its all-time...

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